Tag: IPO

CI Capital advises on United Bank’s EGP 4.57bn IPO on Egyptian Exchange

CI Capital has announced the successful execution of the EGP 4.57bn initial…

Daily News Egypt Daily News Egypt

United Bank sets indicative price range for IPO at EGP 12.7-15.6 per share

The United Bank has set the indicative price range for its initial…

Daily News Egypt Daily News Egypt

EFG Hermes successfully completes sale of Helmerich & Payne’s $197m stake in ADNOC Drilling

EFG Hermes, an EFG Holding Company and the leading investment bank in…

Daily News Egypt Daily News Egypt

Egyptian government prioritises banks in IPO program to boost stock market, revenues

Move aims to contribute to government's ambitious non-tax revenue target of EGP…

Fatma Salah Fatma Salah

Government fears losing control over state-owned companies amid IPO programme

Government withdrew from offering state-run transport companies: Source

Fatma Salah Fatma Salah

Government aims to raise $6.5bn from IPO programme in 2024: Finance Minister

The government is adopting balanced and cautious policies to cope with the…

Daily News Egypt Daily News Egypt

Minister of Finance says government IPO programme reaches $3.5bn in subscriptions

Minister of Finance Mohamed Maait stressed the need to strengthen multilateral cooperation…

Daily News Egypt Daily News Egypt

Government reduces its stakes in 61 companies for IPO programme

Egyptian government selects new companies from different sectors to sell their shares…

Fatma Salah Fatma Salah

Raya Holding to launch IPO for its IT subsidiary in 1H 2024

Hossam Hussein, CFO of Raya Holding for Financial Investments, said the company…

Mohamed Alaa El-Din Mohamed Alaa El-Din

EFG Hermes advises on ADES Holding’s $1.219bn IPO on Tadawul

EFG Hermes, a leading investment bank in Frontier and Emerging Markets (FEM),…

Fatma Salah Fatma Salah